Since they're low income/tax credit, they just don't make the kind of money needed to pay those huge premiums.

Challenge: It's in a neighborhood (no HOA), and renting the entire property (sleeps 25 in total) caused problems in the neighborhood, due to noise and parties – so we only rent the separate cabins now.

Atlanta in particular has high co-living demand due to the economic growth and prevalence of padsplit in our market.

In addition to other tax strategies like a cost segregation study on the fully rented out house.

We owe $154k on the property and the interest rate is 4.25%, the monthly mortgage is $1050 with taxes and insurance.

If you can get a better deal on the home due to age its a fine and if you need financing banks do not judge year built. 

Most on this forum can't even come up with a downpayment, you can't expect them to ride HOI/tax increases, vacanices, etc., with lower leverage and less cash flow on a property.

The Numbers:Cash Flow Analysis: Investors typically look for properties that will generate positive cash flow—meaning the income from rent covers the property’s expenses (mortgage, taxes, maintenance, etc.) and then some.

We lived in the property for 2 years and rented for 2 years to tenants, so by selling now, we ensured that we could avoid capital gains taxes.

Through a wholesaler and we negotiated after doing thorough due diligence How did you finance this deal?